Edward Wrapps ideas about the astuteness of power suggests that successful strategic managers: a. publicly commit themselves to
bold strategic agendas whether or not they are rational. b. act as members of a coalition or its democratic leaders rather than as dictators. c. usually have little control over resources that are important to the organization. d. recognize the futility of pursuing planned strategies. e. maintain tight control over as many decisions as possible by demanding complete obedience.
The correct answer is B: act as members of a coalition or its democratic leaders rather than as dictators
Explanation:
According to the ideas of Edward Wrapps about the astuteness of power, he suggested that strategic managers who are successful are very skilled in organizational politics and can build consensus when acting as members of a coalition or leaders in such groups and ensure that their ideas are pushed through, instead of them just acting as dictators.
Asset is something that can generate value/income for you immediately or in the future, while liability is something that has the tendency of losing value or depreciating with time. Therefore, Assets = Net Worth minus Liabilities
